Does the BMW 5 Series New Energy require purchase tax?
1 Answers
BMW 5 Series New Energy does not require purchase tax. The plug-in hybrid version meets the new energy emission policy, and all new energy vehicles are exempt from tax. The following are the types of vehicles exempt from purchase tax: Pure electric vehicles: These are vehicles that use a single battery as the energy storage power source. They utilize the battery as the energy storage power source, providing electrical energy to the motor through the battery, driving the motor to operate, thereby propelling the vehicle. Hybrid vehicles: These refer to vehicles whose drive system consists of two or more individual drive systems that can operate simultaneously. The vehicle's driving power is provided by a single drive system or multiple drive systems together, depending on the actual driving state of the vehicle.